Severn Trent's (SVT) Hold Rating Reiterated at Jefferies Financial Group

Key Points

• Jefferies Financial Group has reiterated a "hold" rating for Severn Trent, with a price target of GBX 2,610, indicating a potential upside of 1.12% from the current stock price.
• Barclays has raised its price target for Severn Trent from GBX 2,960 to GBX 3,385, while also assigning an "equal weight" rating to the stock.
• Insiders, including Olivia Garfield and Helen Miles, recently sold a combined total of 36,354 shares of Severn Trent stock at an average price of GBX 2,673.

Severn Trent (LON:SVT - Get Free Report)'s stock had its "hold" rating reissued by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Wednesday,Digital Look reports. They currently have a GBX 2,610 price target on the stock. Jefferies Financial Group's price target points to a potential upside of 1.12% from the company's current price.

Separately, Barclays upped their price target on Severn Trent from GBX 2,960 to GBX 3,385 and gave the company an "equal weight" rating in a research note on Wednesday, August 20th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of GBX 2,865.

Severn Trent Trading Down 0.3%

Shares of Severn Trent stock opened at GBX 2,581 on Wednesday. Severn Trent has a 52-week low of GBX 2,323 and a 52-week high of GBX 2,807. The firm has a market capitalization of £7.77 billion, a PE ratio of 3,378.27, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73. The company's fifty day moving average price is GBX 2,590.95 and its two-hundred day moving average price is GBX 2,633.53.

Insiders Place Their Bets

In other news, insider Olivia (Liv) Garfield sold 28,287 shares of the stock in a transaction dated Friday, July 25th. The stock was sold at an average price of GBX 2,673, for a total value of £756,111.51. Also, insider Helen Miles sold 8,067 shares of the company's stock in a transaction on Friday, July 25th. The shares were sold at an average price of GBX 2,673, for a total transaction of £215,630.91. 0.32% of the stock is currently owned by corporate insiders.

About Severn Trent

As one of Britain's largest water companies, we supply fresh, clean drinking water to over nine million people across our region - around two billion litres every day. Once used, we collect, clean, and treat the water before safely returning it to the environment. We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long-term asset growth, and inflation-linked dividends.

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